USDJPY is edging higher today after yesterday’s tumultuous session It continues to hover inside a wide ascending trend channel Stochastic oscillator could be close to giving a bearish signal USDJPY is in the green today Read more…
Markets The US manufacturing ISM on Monday and US JOLTS job openings (9.61mn from 8.8mn vs stabilization expected) yesterday. Eco data provided the bearish bond trend with some additional ammo, delaying in time any US Read more…
Daily Pivots: (S1) 1.3668; (P) 1.3702; (R1) 1.3743; More…. Intraday bias in USD/CAD remains on the upside at this point. Current rise from 1.3091 should target 61.8% projection of 1.3091 to 1.3693 from 1.3378 at Read more…
Daily Pivots: (S1) 0.6268; (P) 0.6320; (R1) 0.6353; More… Intraday bias in AUD/USD remains on the downside for the moment. Current fall from 0.7156 is in progress and should target 100% projection of 0.7156 to Read more…
Daily Pivots: (S1) 1.0445; (P) 1.0469; (R1) 1.0491; More… Intraday bias in EUR/USD stays on the downside for the moment. Fall from 1.1274 is in progress and should target 1.0199 fibonacci level next. On the Read more…
Daily Pivots: (S1) 1.2052; (P) 1.2077; (R1) 1.2102; More… Outlook in GBP/USD is unchanged and intraday bias stays on the downside. Sustained trading below 1.2075 fibonacci level would carry larger bearish implication. Fall from 1.3141 Read more…
Daily Pivots: (S1) 0.9175; (P) 0.9209; (R1) 0.9246; More…. Intraday bias in USD/CHF remains on the upside for the moment. Current rise from 0.8551 should 0.9439 resistance next. On the downside, break of 0.9089 support Read more…
Even a hint of an improving US jobs market sends shivers down investors’ spines. This is why the stronger than expected job openings data from the US spurred panic across the global financial markets yesterday. Read more…
Market movers today ECB president Christine Lagarde delivers pre-recorded welcome address to a monetary policy conference, and ECB board member Luis de Guindos is among the speakers at a conference organised by the Central Bank Read more…
Daily Pivots: (S1) 148.21; (P) 149.18; (R1) 150.03; More… USD/JPY spiked lower to 147.28 overnight, on alleged intervention by Japan, but recovered quickly since then. As short term top should be in place at 150.15, Read more…